NOT LISTED FOR SALE

12108 S Wilmington Ave Compton, CA 90222

Willowbrook Neighborhood

Estimated Value: $725,089 - $1,037,000

1 Bed
1 Bath
2,304 Sq Ft
$366/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $370,000 $161 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,141/month

12 Days on Market

Highlights

  • No Units Above
  • Compton Early College Rated 10
  • Central Heating

About This Home

As of April 2014

Great for Investors!! Opportunity knocking for this 4 units. Need some TLC. One year old roof!!! Buyer to participate in 1031 exchange at no cost to the buyer.

Last Agent to Sell the Property

LORNA BUSANTE

RE/MAX TIME REALTY License #01248256 Listed on: 02/15/2014

RE/MAX TIME REALTY

Last Buyer's Agent

Kharen Perez

Executive Bankers Realty License #01898947

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 1962

Lot Details

  • 5,385 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 2,304 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 312
  • Assessor Parcel Number 6150005004

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $1,200
  • New Taxes Expense $6,044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,508

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6150005004
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 160.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5385.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 800.00
  • Lot Size Area: 5385.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6044.00
  • Tax Lot: 1
  • Tax Tract Number: 312
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
Mar 31, 2014
Sold by
Dandridge Teresa
Bought by
Dandridge Richard L
Seller's Agent
LORNA BUSANTE
RE/MAX TIME REALTY
Buyer's Agent
Kharen Perez
Executive Bankers Realty
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Current Estimated Value
$828,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,553
Avg. Annual Appreciation
7.53%
Original Mortgage
$363,298
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 15, 2014
Closed on
Mar 7, 2014
Sold by
Dandridge Richard L
Bought by
Velazquez Brian Raul
Seller's Agent
LORNA BUSANTE
RE/MAX TIME REALTY
Buyer's Agent
Kharen Perez
Executive Bankers Realty
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2007
Sold by
Dandridge Teresa A
Bought by
Dandridge Richard L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dandridge Richard L -- Ticor Title Company
Velazquez Brian Raul $370,000 Ticor Title Riverside
Dandridge Richard L -- None Available
Dandridge Joseph L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Brian Raul $345,000
Closed Velazquez Brian Raul $361,042
Closed Velazquez Brian Raul $363,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2014 04/16/14 Sold $370,000 -3.9% $161 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $385,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,508 $453,559 $245,166 $208,393
2024 $7,508 $444,666 $240,359 $204,307
2023 $7,084 $435,948 $235,647 $200,301
2022 $6,661 $427,401 $231,027 $196,374
2021 $6,760 $419,022 $226,498 $192,524
2019 $6,588 $407,155 $219,781 $187,374
2018 $6,404 $399,183 $215,472 $183,711
2016 $6,095 $383,146 $207,106 $176,040
2015 $5,814 $377,392 $203,996 $173,396
2014 $7,781 $557,179 $321,449 $235,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14033074

California Regional Multiple Listing Service (CRMLS)

APN: 6150-005-004